Job Summary

The responsibility is the management of the Bank's liquidity profile, ensuring that it remains within stipulated risk tolerances. Under the guidance of the Head of Treasury Markets Taiwan, this role is responsible in raising and deploying liquidity to ensure the bank is able to meet all its obligations as they fall due (intra-day); to meet all regulatory requirements, and to pre-empt times of surplus and tight liquidity.

Responsibilities

Strategy

Treasury Markets acts as guardian of the Group's and country's balance sheet and liquidity by expertly driving asset liability management that is transparent, trusted and well respected. Treasury Markets is the first line of defence responsible for managing the short-term liquidity position of the Bank

Treasury Markets Principles Are

Always act in the best interest of the Bank
Never Compromise the structural integrity of the balance sheet

Business

Under the guidance of the Head of Treasury Markets ( HoTM) Taiwan

Key Responsibilities

Meet all funding and deposit taking requirements whilst maintaining regulatory ratios, stress and prudent liquidity requirements:
Access the money markets as required; either with other banks directly or through interdealer broker; raising and placing liquidity to ensure liquidity limits are adhered to whilst maximising economic value to the Bank
Proactively establish and maintain good relationships with direct wholesale customers, including central banks Swap funding between currencies to meet liquidity requirements and to minimise funding costs.
Execute intragroup funding plan under supervision of HoTM
Participate in local central bank operations and facilities as required. Provide oversight to Cash Management Operation in ensuring adequate intra-day liquidity to facilitate all payments / to meet pay-in obligations with RTGS.
Liaise with the repo desk as part of the liquidity management plan to ensure adequate usage of liquidity assets.
Preposition eligible securities at the local central bank to be used as backstop liquidity.
Forecast and advice the HoTM should there be a requirement to purchase securities to meet the statutory, stress, payments, or prudent requirements.
Forecast and advice HoTM, should there be a requirement to raise medium term funding.
Operate within Treasury Markets liquidity and credit limits:
Provide robust oversight in in liquidity metrics as detailed in the Treasury Liquidity limits and local Management Action Triggers (MATs).
Flag any potential liquidity limit issues in advance.
Flag any potential credit limit issues to HoTM in advance.
Assist HoTM to request for temporary and permanent limits to Treasury Liquidity, Market Risk and Credit, where appropriate.
Assist HoTM to maintain desired ratios as directed by the TM Liquidity Management team, prudently manage regulatory reserves, LCR and other key ratios alongside country local statutory requirements (where applicable)
Form views and position the book
Proactive management of the interest rate risk to maximize revenue
Switch between currencies to capture interest rate and swap arbitrages, with the agreement of the Liquidity Management that this does not compromise the Bank's liquidity position (Liquidity Management have right of veto)
Balance short term revenue (PnL) with longer term revenue (PnL plus MTM)
Make use of on-balance sheet and off-balance sheet products (e.g. IRS) as hedging tools.
Primarily use the banking book and hedge effective products, to minimize swings to PnL
To purchase additional marketable securities for the deployment of any surplus liquidity, where this is preferable to interbank placements
Make effective use of RWA in credit holdings
Understand and be able to act on the Country Liquidity Contingency Plan:
Ensure a full understanding of what is expected of Treasury Markets if the plan is activated.
Develop and maintain strong relationships with of the sources of standby and emergency liquidity, including central banks.
Actively monitor for and immediately alert senior management on any evidence that the bank could be about to encounter funding stress.
Were this plan ever to be activated, act as the primary in-country agent for raising liquidity, under the direction of theHoTM .
Money Laundering Prevention:
Ensure money laundering prevention requirements and procedures are communicated to unit staff in Financial Markets.
Ensure the procedure of suspicious transactions monitoring within Financial Markets is followed.
Report any issues related to money laundering prevention arising within the unit to Business Money Laundering Prevention Owner (MLPO) and unit head.
Vet and assist in the investigation of suspicious transaction reports originating from unit staff.
Communicate with Relationship Manager (RM) on money laundering requirements and suspicious transactions.

Processes

Treasury Markets business and risk management processes are defined and governed in various risk, governance and control committees (e.g. Treasury Markets Product Governance Committe (TM PGC))

Risk Management

Manage the Country's balance sheet and liquidity to within agreed limits. Ensure that a robust liquidity position is maintained and that any surplus liquidity is deployed prudently in line with the Bank's objectives
Through assignment to direct reports, ensure that adequate and appropriate systems, controls and procedures are in place to comply with
Adhere to Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation
Proactively advise and monitor all major risk issues and concentrations. Where appropriate, direct remedial action and/or ensure adequate reporting to Risk and other stakeholders

Governance

Enforce a culture of risk management, control and governance, and ensure that the Treasury Markets team comply with the risk management processes in place
Take responsibility for guiding and influencing the Asset and Liability Committee (ALCO), to ensure the balance sheet of the Bank is managed in line with the relevant governance guidelines and standards

Regulatory & Business Conduct

Display exemplary conduct and live by the Group's Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Take personal responsibility to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment]
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Comply with all applicable laws and regulations across jurisdictions Key stakeholders

Other Responsibilities

Embed Here for good and Group's brand and values in Global Treasury Markets team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

Qualification

Education: Degree holder preferred
Training: Complete all required mandatory & developmental training - role specific, and regulatory/compliance bank wide
Licenses: As per the local and global regulatory requirements
Certifications: As per the local and global regulatory requirements
Languages: Fluent in both Mandarin and English

Role Specific Technical Competencies

Balance Sheet Management
Financial Products and Markets
Liquidity Management
Knowledge of Organisation
Effective Communication
VBA, Python

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together We

Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We Offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
Flexible working options based around home and office locations, with flexible working patterns.
Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

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